Baidu (BIDU) Operating Expenses (2009 - 2026)

Baidu's Operating Expenses history runs 18 years deep, the most recent figure standing at $4.2 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 8.73% year-over-year to $4.2 billion; the TTM figure through Mar 2026 stood at $19.3 billion (up 22.11% YoY), while the FY2025 annual figure was $19.3 billion, up 25.89% from the prior year.
• Operating Expenses for Q1 2026 stood at $4.2 billion, down from $4.5 billion in the prior quarter.
• The five-year high for Operating Expenses was $6.5 billion in Q3 2025, with the low at $3.6 billion in Q1 2024.
• The 5-year median for Operating Expenses is $4.0 billion (2023), against an average of $4.1 billion.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses declined 16.73% in 2022, then surged 65.03% in 2025.
• Baidu's Operating Expenses stood at $4.1 billion in 2022, then advanced by 0.82% to $4.2 billion in 2023, then declined by 0.62% to $4.1 billion in 2024, then climbed by 8.02% to $4.5 billion in 2025, then retreated by 6.33% to $4.2 billion in 2026.
• Business Quant data shows BIDU's Operating Expenses at $4.2 billion in Q1 2026, $4.5 billion in Q4 2025, and $6.5 billion in Q3 2025.